LONDON—Facebook-owner Meta is appealing Britain’s ruling that it must sell animated images platform Giphy, saying the evidence does not support the finding that the deal is a threat to its rivals or could impact competition in display advertising. Britain’s Competition and Markets Authority (CMA) ordered Meta to sell Giphy, which it acquired for a reported…
Beijing’s Political Warfare Campaigns Exploit Social Media
News Analysis Social media are an increasingly important front in the Chinese regime’s political warfare campaigns. With the increasing loss of credibility of legacy media among Americans, people are turning to independent and social media for their news and information. A Pew Research poll nearly a year ago reflected the shift away from traditional television…
Russia Regulators Fine Twitter 10 Million Roubles for Allegedly Failing to Delete Banned Content
A Moscow court on Thursday said it had fined Twitter 3 million roubles ($136,000) for allegedly failing to delete content banned by the Russian government, the latest in a string of penalties issued against U.S. tech companies this year. The press service of the Tagansky District Court confirmed the penalty to the Russian state-owned news agency…
Start-Ups Guide to Maximizing Social Media Marketing
In 2021, social media for business marketing is no longer foreign. With 4.48 billion people across various social media, if your startup business isn’t on social media, then your presence is at the base. Let’s face it, social media is the new marketplace, a global one at that. However, just as every other form of…
Australian Govt Urged to Protect Children From Social Media
As children unwrap smartphones and laptops for Christmas, fears have been growing that excessive time spent online and on sites such as Facebook and Twitter may have a harmful effect on the physical and mental wellbeing of vulnerable young Australians. A federal parliamentary inquiry into social media and online safety has heard worrying accounts of…
Former New York Times Reporter Alex Berenson Sues Twitter Over Ban
Former New York Times reporter Alex Berenson sued Twitter this week, alleging his permanent suspension from the social media platform violated the U.S. Constitution’s First Amendment and federal and California laws. Berenson was banned from Twitter in August. Twitter said he repeatedly violated the company’s COVID-19 misinformation rules. The rules prohibit sharing “false or misleading…
Addictive ‘Brain Hijacking’ Methods of Social Media Platforms Harmful to Users, Especially Children: Insider
Addictive “brain hijacking” methods used by social media giants to keep users on their platforms have harmful effects, particularly on children, according to industry insider Rex Lee, who says the companies may be violating child protection laws and consumer protection laws by employing such techniques. Lee, who has over 35 years of experience in the tech…
Social Media App Parler Plans to Expand Into NFTs
Social media platform Parler said on Monday it will expand its business into non-fungible tokens (NFT), in a move that underpins the rapid growth of the digital asset in recent months. An NFT, which is a digital asset usually bought with cryptocurrencies or in dollars, encompasses everything from images, videos, to text. The ownership record…
YouTube TV Reaches Deal to Restore Access to Disney Channels
Alphabet Inc.’s YouTube began restoring access to Walt Disney Co. channels on its platform on Sunday, after the companies reached a distribution agreement to end a two-day blackout. YouTube wrote on Twitter that “we’ve reached a deal with Disney and have already started to restore access to channels like ESPN and FX.” Neither company disclosed…
Survey Calls Facebook ‘Worst Company of 2021’
Meta Platforms, formerly known as Facebook, was declared “the worst company of 2021” in the results of an audience survey conducted by Yahoo Finance. The poll, which surveyed 1,541 readers, saw Facebook receive 8 percent of the total votes for the ignominious distinction. Respondents were polarized in their assessments of the tech company and expressed…
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